I use a scoring system where applicants gain and lose points and their total either meets or falls short of my established line in the sand.

This can hurt you financially, and it can hurt more than tax savings.I'm all for tax planning, I do it for a living, but don't lose the bigger picture while focusing on taxes. 

I’ve seen investors misjudge the timeline and end up losing steady income.Good luck with your decision!

I admire the approach taken by ZipSmart in the US and aim to create a similar tool for all Canadian provinces but with less emphasis on the map. 

Regarding paying off the SBA-HEDCO loan, the primary downside to paying it off early would be losing out on a relatively low interest rate.

I believe greater emphasis should be placed on why this unit continually  attracts terrible tenants.

To start, I’d like to ask you a question: What is more important, purchasing real estate where you can obtain 100% return of your capital through the BRRRR investment method but otherwise break even or even worse lose money or alternatively  leave some of your capital in the deal but earn a profit when the property is sold? 

Be also mentally and emotionally prepared for the folks that think just because this is not your primary home, it's somehow less of a catastrophic event for you because others did lose their primary homes.That's why it's vital for you to form support networks with people who are in your same boat - ideally in the same community.This truly pains me to share - but most of the disasters I'm seeing across Western NC are going to be considered flood events and if you do not have a separate flood policy you will likely get no coverage.

Often the equity partner has a lot more risk in the venture (losing all the investment money) where the work partner could walk away with the loss of time and effort.

However I will lose over a $1000in wages.